CADJPY is throwing multiple wicks to the upside on the weekly TF, on the daily there is a clear distribution phase occurring and the market is clearly decelerating. Yesterday's daily candle closed bearish with a wick to fill to the downside , on the 4H TF price recently made a BOS with a 4h impulse followed by a corrective move, the correction is currently testing...
BTC had a confirmed breakout out of this falling wedge and reached the target. The RSI is way to high and the momentum with that Bitcoin is gaining is way to fast. I think this is a planned trap to liquidate people who will open up a long position out of FOMO. We are also running into some resistance, so a cooldown to 20k is very likely. have a good evening!
Possible bear pennant with fake brake out(bulltrap), or potential bear flag? Both with similar target. Any suggestions? You are Long already?
indusind bank is a perfect example of bear trap look and the daily chart and you will see it and it's a good buy for swing trade
I have been calling all BTC moves as you can see from my related ideas below. We are waiting for a buy BUT first, we must complete the final liquidity grab on SMC buyers from the order block. I will be selling into my buy zone with members. Let's hear the hate in the comments 💬
The key psychological level of 135 provided immediate resistance for sellers but is now showing signs of being a sell trap. Since a high amount of sellers joined at the key level and the trend line breakout, I believe liquidity will be targeted above this high before we see any signs of bearish momentum. When the liquidity has been taken, I will be looking for...
There are three reasons for a downward breakout of the megaphone (broadening wedge). 1. Head fake 2, Declining volume on rally 3. Very overbought RSI
Quick and simple one for today. Don't be fooled by this pseudo-recovery. Note increasing price on decreased volume? Better buy in ahead.
Don't be fooled by this pretty head and shoulders pattern because it is most likely a trap to lure sellers into the market before price bounces from a demand planted below it. Once the fair value gaps have been filled, the price is likely to utilise the demand to travel to the remaining imbalance at the top of the move. Do you think this is likely? 🚀
What are you thoughts on the current market? From what i've seen on social media everyone is expecting BTC to go down, but is that what they want us to think? Trading in this market is tough because at any point the market can shoot up like it did on Wednesday!!! Good luck to everyone! Let me know what your plans are for the next few days! QoverQ
TWTR nearly approached oversold territory. After the news of Elon Musk considering purchasing more shares of the company following such negative news of a potential hostile take over by his most recent offer. This all caused the company to implement a "poison pill" to prevent a hostile takeover. Which is brilliant. This however will not be enough to keep the...
hello every one bnb BINANCE:BNBUSDT today made a false break out and i think trend still bearish and 340 area is important to see would handle bears or not write in comments what do you think guys and btw please follow and push like for more updates
In my eyes we see here only a mini correction of the actual trend, watch the P pivot / ema 200 15m TF. we have formed a range during the Asia session, and london immediately went into the trend, short positions were collected. The whole thing is just a small cycle within the bigger one. I see EURUSD at the end of the week back at 1.09200
Want to see a $ 300 LUNA? 🔥 You must first see the accumulation phase. RT looking to enter the buy position after breakout the resistance or place buy orders for a pullback that may have occurred. Do you buy above the resistance? Or you wait for the price to return to the points where the accumulation is to be done ?! Look at this indicator below. See how...
#Bitcoin doing what #BTC does... bullish movement up to $41.8k to $41.9k in range, likely resulting in a nasty bull trap after that. $BTC
My analysis suggests a strong bearish drop. Will we begin to see bearish pressure from this zone or will it attack the supply I have marked? Whatever happens, I expect a strong sell-off in and around this area. Good luck traders! Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬 🚨 RISK DISCLAIMER: Trading...
This second analysis test on BTC/USD It is trying to expose in a simplified way thetrend changes in daily candles for the basic understanding of this very funny and volatile wave market. Remember that the markets have to be studied for their cyclical and undulating nature, in the price/emotion relationship. --- (ANNOUNCMENT) & (REMINDER): Last Sunday I could...
I think this is a bull trap to liquidate shorts, and by Monday we will dump very hard. Just think of it, in one candle, lots of bitcoin were bought,does one whale buying bitcoin make bitcoin bullish? nay, this is manipulation.